On Thursday, members of the Alabama Medical Cannabis Commission (AMCC) cut most cannabis business license fees by 25%. Almost all of the state's medical cannabis program has been stalled in ongoing litigation. Oral arguments for one medical cannabis-related lawsuit in the Alabama Court of Civil Appeals are set for January 13.
The AMCC's earlier vote at the meeting to reduce the fees on Thursday by 66% failed. After that vote, a motion to cut the fees by 25% for holders of state testing laboratory, processor, cultivator, and secure transporter licenses issued in December 2023 passed.
"It is just a one-time reduction. They'll return to the fee schedule that was adopted by the commission in 2022 after that," Brittany Peters, an AMCC spokesperson, told 1819 News on Thursday.
The annual license fees range from $30,000 to $40,000. According to Peters, the revenue loss to the AMCC from the fee cut is $147,500.
Read more at 1819 News